Business
Iran Emphasizes ‘Commitment for Commitment’ in US Talks
US Issues Sanctions Waiver for Iranian Oil Exports
MODON Attracts SAR14.45 Billion in Industrial and Logistical Investment in 2023
Riyadh: The Saudi Authority for Industrial Cities and Technology Zones (MODON) released its annual report for 2023, highlighting significant progress in attracting investments, developing industrial infrastructure, and promoting sustainable industrial…
King Abdul Aziz Port Handles 289,787 TEUs in March, Bolsters Kingdom’s Leadership in the Maritime Sector and Logistics Services
Dammam, Situated on the Arabian Gulf coast, King Abdul Aziz Port in Dammam is the largest in the Kingdom, and the epitome of success.
It is one of the forces driving the significant industrial and economic renaissance of the country; it boosts the Ki…
Turkiye invests 40 million dollars in the Qantara West area
CAIRO, The General Authority for the Suez Canal Economic Zone, in a promising move, signed on Sunday with the Turkish Eroglu Holding Group a contract for the Eroglu (DNM) jeans factory project in the Qantara West industrial zone.
This venture involve…
Iraq’s oil exports to America declined for the second week
Baghdad, The US Energy Information Administration (EIA) announced on Sunday that Iraq’s oil exports to the United States declined during the past week.
The EIA stated that “the average US imports of crude oil during the past week from 9 major countri…
Ministries of Industry and Investment Invite Mining Explorers to Join Exploration Program
Riyadh: As part of the Kingdom’s commitment for the mining sector to be the third pillar of the Saudi industrial economy in Vision 2030, the Ministry of Industry and Mineral Resources (MIMR) and the Ministry of Investment (MISA) are inviting mining ex…
TGA Reports Surge in Ramadan Parcel Deliveries
Riyadh: Transport General Authority (TGA) announced impressive figures for the postal sector during the holy month of Ramadan. As of the 25th of Ramadan, over 18 million parcel deliveries were completed by more than 70 licensed companies – a significa…
‘Reef Saudi’ Invests SAR61 Million to Grow Coffee Production to 7,000 Tons Annually by 2026
Riyadh: The Sustainable Agricultural Rural Development Program (Reef Saudi) has reaffirmed its commitment to supporting the Kingdom’s coffee sector. Since its inception in 2020, the program has allocated a total of SAR61 million in support, reaching 3…